Business Hilights
Tracking Nigeria's Headline Business News Online

Access Bank, PaySend driving new generation of money transfer technologies

Access Bank Plc. has revealed that its growing partnership with card-to-card payments disrupter and financial technology firm, PaySend is to deepen access to new generation of money transfers to the African markets. At present PaySend’s technology works for all Visa, Mastercard and Verve cards issued by Access Bank in Nigeria, but the company wants to go further.

Currently, the financial technology giant is rapidly expanding its business in Africa even as it operates in more than 60 countries.

Explaining more in an interview, the Chief Executive Officer of PaySend, Ronald Millar, said, “We are delighted to be expanding into Nigeria and to be working with Access Bank. To have reached over 60 countries in such a short time is excellent and we look forward to a long and fruitful partnership.

“Nigeria is one of our first African partners, and we definitely see great potential in the region.”

Business Hilights recalls that Access Bank, which has over 368 branches and service outlets across Nigeria, sub-Saharan Africa, the United Kingdom and Dubai, said it was striving to deliver sustainable economic growth that is profitable, environmentally responsible and socially relevant, .

In his remarks, the Executive Director at Access Bank, Nigeria, Victor Etuokwu, said, “Accessibility is important in our business and we see this partnership as vital to connecting our customers to their increasingly globalised network, whether they be business contacts, friends or family.”